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SK Hynix gets China approval to take over Intel’s NAND business

SK Hynix gets China approval to take over Intel's NAND business

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South Korean chipmaker SK Hynix said on Wednesday it has received merger clearance from the Chinese antitrust authority for its $9 billion acquisition of Intel Corp’s NAND and SSD (solid-state drive) business, clearing the final hurdle to completion of securing regulatory approval in eight jurisdictions.  Last October, the U.S. chip giant and SK Hynix reached the […]

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